VARHAUG SERVICENTER AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

11,45 %

Current Ratio

3,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 518 000	32 737 000	30 115 000	30 337 000
Net Income	1 078 000	1 498 000	1 727 000	1 782 000
Total Assets	11 453 000	10 790 000	10 371 000	8 815 000
Total Equity	9 412 000	8 334 000	8 336 000	6 609 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 518 000	32 737 000	30 115 000	30 337 000
Expenditure	35 165 000	30 817 000	27 937 000	28 021 000
Operating Profit	1 353 000	1 919 000	2 179 000	2 317 000
Financial Income	37 000	5 000	8 000	7 000
Financial Costs	8 000	3 000	10 000	6 000
Financial Balance	29 000	2 000	−2 000	1 000
Earnings Before Tax	1 382 000	1 921 000	2 178 000	2 317 000
Tax	304 000	422 000	451 000	535 000
Net Income	1 078 000	1 498 000	1 727 000	1 782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 133 000	4 352 000	4 282 000	3 517 000
Total Current Assets	7 320 000	6 438 000	6 089 000	5 298 000
Total Assets	11 453 000	10 790 000	10 371 000	8 815 000
Total Retained Equity	8 221 000	7 143 000	7 145 000	5 418 000
Total Equity	9 412 000	8 334 000	8 336 000	6 609 000
Total Long-Term Debt	27 000	22 000	0	0
Total Current Debt	2 015 000	2 434 000	2 035 000	2 207 000
Total Equity and Debt	11 453 000	10 790 000	10 371 000	8 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 797 000	32 735 000	30 116 000	30 401 000
Other Income	−279 000	2 000	−1 000	−63 000
Revenue	36 518 000	32 737 000	30 115 000	30 337 000
Cost of Goods Sold	28 926 000	24 706 000	22 061 000	22 385 000
Salary Costs	4 232 000	4 384 000	4 126 000	4 080 000
Depreciation	270 000	241 000	219 000	299 000
Impairment	0	0	0	0
Expenditure	35 165 000	30 817 000	27 937 000	28 021 000
Operating Profit	1 353 000	1 919 000	2 179 000	2 317 000
Financial Income	37 000	5 000	8 000	7 000
Financial Costs	8 000	3 000	10 000	6 000
Financial Balance	29 000	2 000	−2 000	1 000
Dividends	0	1 500 000	0	3 001 000
Net Income	1 078 000	1 498 000	1 727 000	1 782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 968 000	3 051 000	3 134 000	3 222 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 165 000	1 301 000	1 148 000	296 000
Total Tangible Assets	4 133 000	4 352 000	4 282 000	3 517 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 133 000	4 352 000	4 282 000	3 517 000
Stock	1 164 000	1 410 000	953 000	1 314 000
Total Investments	0	0	0	0
Cash, Bank	5 728 000	4 432 000	4 610 000	3 692 000
Total Current Assets	7 320 000	6 438 000	6 089 000	5 298 000
Total Assets	11 453 000	10 790 000	10 371 000	8 815 000
Total Equity	9 412 000	8 334 000	8 336 000	6 609 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	22 000	0	0
Creditors	507 000	744 000	553 000	750 000
Unpaid Taxes	440 000	449 000	515 000	407 000
Dividends	0	1 500 000	0	3 001 000
Other Current Debt	768 000	840 000	516 000	514 000
Total Current Debt	2 015 000	2 434 000	2 035 000	2 207 000
Total Equity and Debt	11 453 000	10 790 000	10 371 000	8 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,45 %	17,97 %	20,72 %	26,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,71 %	5,86 %	7,24 %	7,64 %
Current Ratio	3,63	2,65	2,99	2,4
Quick Ratio	8,6	6,29	5,63	5,93
Equity Ratio	0,82	0,77	0,8	0,75
Gross Profit Margin	20,79 %	24,53 %	26,74 %	26,21 %